MANAGEMENT

Detailed explanation-1: -You must have motor insurance to drive your vehicle on Irish roads. Motor insurance is meant to protect you against liability in the event of an accident. It will cover the costs of the other driver’s property and injuries if you are found at fault for an accident.

Detailed explanation-2: -No. 14 of 1962. ROAD TRAFFIC (COMPULSORY INSURANCE) REGULATIONS, 1962.

Detailed explanation-3: -In India, as per the Motor Vehicles Act, it is mandatory that all vehicles that operate in any public space must have a motor vehicle insurance cover. Policyholders must have at least ‘third party liability’ motor insurance cover even when opting for the basic insurance plans.

Detailed explanation-4: -This is because standard car insurance policies sold in Ireland usually include a section called Driving Other People’s Cars. When you drive someone else’s car, it will be your own insurance policy which covers you in the event of an accident.